The former chief executive of Silicon Valley Bank plans to tell lawmakers Tuesday he did the best he could under the circumstances, and will apologize for...
The former chief executive of Silicon Valley Bank plans to tell lawmakers Tuesday he did the best he could under the circumstances, and will apologize for the bank’s collapse.
“The leadership team and I made the best decisions we could with the facts, forecasts, and outside expert advice available to us at the time,” Greg Becker said in a written statement posted late Monday to the Senate Banking Committee’s website. Becker is scheduled to testify before the committee Tuesday at 10 a.m. Eastern, along with two former executives from similarly failed Signature Bank.
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